The $1 billion copyright battle between Viacom and Google is still on.

The court documents, filed in federal court in New York, revealed that Viacom had also considered buying You Tube before it went to Google for $1.7 billion.

An important question is - were YouTube's founders aware of the fact that copyrighted content was being uploaded to their site but chose not to do anything about it?

Fred von Lohmann, Senior Attorney at the Electronic Frontier Foundation, said, "At the heart of the case is what the court considers red-flag knowledge... and whether the kind of knowledge that YouTube had falls within that definition".

The conclusion of this fight could influence how people share content online in the upcoming time, and could lead to serious outcomes for the Web as an entertainment platform.

Another important point to consider is whose responsibility it is to control the Web for copyright violations, Web site operators or content owners?

It is said that if Google gets beaten, it will end up paying the $1 billion in damages that Viacom has claimed.

The Digital Millennium Copyright Act (DMCA) of 1998 is the law created to protect content on the Internet. According to this act, a company must not yield gains from infringing material and should quickly eliminate unauthorized content when alerted by a copyright owner.